Garden State Investment Advisory Services LLC Increases Stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Garden State Investment Advisory Services LLC lifted its stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 3.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,773 shares of the company’s stock after purchasing an additional 383 shares during the quarter. Garden State Investment Advisory Services LLC’s holdings in Vanguard Long-Term Bond ETF were worth $902,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Envestnet Asset Management Inc. raised its position in shares of Vanguard Long-Term Bond ETF by 5.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 10,511,837 shares of the company’s stock valued at $783,973,000 after purchasing an additional 547,325 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of Vanguard Long-Term Bond ETF by 0.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,284,830 shares of the company’s stock valued at $160,601,000 after purchasing an additional 13,624 shares during the last quarter. Lincoln National Corp raised its position in shares of Vanguard Long-Term Bond ETF by 3.1% in the 2nd quarter. Lincoln National Corp now owns 2,155,097 shares of the company’s stock valued at $151,482,000 after purchasing an additional 65,342 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Vanguard Long-Term Bond ETF by 1.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,288,480 shares of the company’s stock valued at $90,567,000 after purchasing an additional 20,391 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Vanguard Long-Term Bond ETF by 1.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,004,536 shares of the company’s stock valued at $74,918,000 after purchasing an additional 10,487 shares during the last quarter.

Vanguard Long-Term Bond ETF Price Performance

BLV opened at $75.64 on Friday. Vanguard Long-Term Bond ETF has a 12-month low of $62.95 and a 12-month high of $76.87. The firm has a 50 day moving average of $73.77 and a two-hundred day moving average of $71.64.

About Vanguard Long-Term Bond ETF

Vanguard Bond Index Funds (the Fund), formerly Vanguard Long-Term Bond ETF, seeks to track the performance of a market-weighted bond index with a long-term, dollar-weighted average maturity. It employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S.Long Government/Credit Bond Index (the Index).